Ping An Insurance (Group) Co, China's second-biggest insurer, said it will spend as much as 20 billion yuan ($3.1 billion) to bolster capital at Shenzhen Development Bank Co after first-half profit rose.
Tudou Holdings Ltd tumbled 12 percent in its first day of trading after raising $174 million in a US initial public offering, selling at a discount to larger rival Youku.com Inc.
China Mobile Ltd, the world's biggest phone carrier by users, posted a 7 percent gain in second-quarter profit, aided by rising data traffic from smartphone users downloading games and videos.
China's biggest Internet portal, Sina Corp, expects to monetize its most popular micro-blogging service, Sina Weibo, in the first half of next year.
The technology giant Lenovo Group, the third-largest PC maker by market share, on Thursday reported quarterly sales revenue of $5.9 billion for April through June and pre-tax net profit of $123 million, nearly double compared with the same period last year.
Swelling domestic demand for natural gas could lift China's foreign-dependency ratio for the less-polluting fuel to as high as 50 percent by 2020.
Property prices in three first-tier cities - Beijing, Shanghai and Shenzhen - were flat on a monthly basis in July, the first time this has happened in three years.
China and the United States share a responsibility for boosting global market confidence, Vice-President Xi Jinping said on Thursday, while meeting US Vice-President Joe Biden who is on a trust-building visit.
Pressure to upgrade products mounts on the Pearl River Delta as returns from low-end manufacturing start drying up, Alexis Hooi and Qiu Quanlin report in Guangzhou.
The first stage of a grain oil production hub by the China National Cereals, Oils & Foodstuffs Corporation (COFCO) went on stream in Tianjin recently.
HSBC is reinforcing its presence in Southwest China as it opened a new branch in Kunming, the capital city of Yunnan province.
Apple might be shocked to know some Chinese consumers are already enjoying the benefits of its latest flagship product, the iPhone 5, nearly a month before the official launch.